CPI Inflation
Governor Adrian Orr explains what the Reserve Bank needs to see to have real confidence inflation pressures are easing off
5th Dec 23, 8:30am
43
Governor Adrian Orr explains what the Reserve Bank needs to see to have real confidence inflation pressures are easing off
Westpac economists say we should expect the Reserve Bank to be unforgiving of any shocks that boost the growth and inflation outlook over the next year. Also, the RBNZ will likely be less willing to pre-emptively ease, as markets seem to currently expect
4th Dec 23, 12:15pm
24
Westpac economists say we should expect the Reserve Bank to be unforgiving of any shocks that boost the growth and inflation outlook over the next year. Also, the RBNZ will likely be less willing to pre-emptively ease, as markets seem to currently expect
In the second part of his preview of 2024, David Hargreaves examines whether a combination of new Government policies, rampant migration and an enlivened housing market could undermine efforts to get the economy on a sound footing
3rd Dec 23, 8:00am
85
In the second part of his preview of 2024, David Hargreaves examines whether a combination of new Government policies, rampant migration and an enlivened housing market could undermine efforts to get the economy on a sound footing
David Hargreaves explains what he is looking for in the economy in 2024 as we wait to see if the battle against inflation really can be won
2nd Dec 23, 10:23am
17
David Hargreaves explains what he is looking for in the economy in 2024 as we wait to see if the battle against inflation really can be won
David Hargreaves has a look at the economic developments in the past year and lines these up against what the expectations were at the start of the year
1st Dec 23, 9:44am
50
David Hargreaves has a look at the economic developments in the past year and lines these up against what the expectations were at the start of the year
Reserve Bank Governor Adrian Orr says there's limited headroom to absorb additional inflation surprises
30th Nov 23, 11:56am
22
Reserve Bank Governor Adrian Orr says there's limited headroom to absorb additional inflation surprises
The Reserve Bank says it is willing to raise rates to offset increased demand from population growth
30th Nov 23, 7:48am
21
The Reserve Bank says it is willing to raise rates to offset increased demand from population growth
RBNZ Governor Adrian Orr said the central bank had recommended making inflation the primary policy goal
29th Nov 23, 6:23pm
56
RBNZ Governor Adrian Orr said the central bank had recommended making inflation the primary policy goal
[updated]
Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again
29th Nov 23, 2:20pm
93
Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again
David Hargreaves says in contrast to the position it was in a year ago, the Reserve Bank will need to make a 'do nothing' Official Cash Rate decision in the coming week in a sufficiently 'hawkish' way that keeps pressure on inflation over summer
26th Nov 23, 6:00am
64
David Hargreaves says in contrast to the position it was in a year ago, the Reserve Bank will need to make a 'do nothing' Official Cash Rate decision in the coming week in a sufficiently 'hawkish' way that keeps pressure on inflation over summer
ANZ’s chief economist Sharon Zollner no longer expects the Reserve Bank to increase the Official Cash Rate above its current 5.50%
17th Nov 23, 2:03pm
20
ANZ’s chief economist Sharon Zollner no longer expects the Reserve Bank to increase the Official Cash Rate above its current 5.50%
A quarterly survey for the Reserve Bank shows that households' views on the likely rate of inflation in a year are unchanged from the previous survey, but they see stronger house prices
15th Nov 23, 3:45pm
3
A quarterly survey for the Reserve Bank shows that households' views on the likely rate of inflation in a year are unchanged from the previous survey, but they see stronger house prices
[updated]
Economists are reviewing their inflation and interest rate forecasts after new Stats NZ pricing information suggests the rate of inflation in the current quarter may be slower than expected
15th Nov 23, 8:24am
60
Economists are reviewing their inflation and interest rate forecasts after new Stats NZ pricing information suggests the rate of inflation in the current quarter may be slower than expected
[updated]
Stats NZ says food prices 'fell across the board in October'; Stats NZ has also released a new monthly series of pricing data to give more timely inflation information; airfares now dropping quickly, rents still rising, tobacco up sharply
14th Nov 23, 11:07am
23
Stats NZ says food prices 'fell across the board in October'; Stats NZ has also released a new monthly series of pricing data to give more timely inflation information; airfares now dropping quickly, rents still rising, tobacco up sharply
[updated]
Reserve Bank of Australia lifts cash rate 25 basis points with financial markets thinking a December rise may come too
7th Nov 23, 4:31pm
21
Reserve Bank of Australia lifts cash rate 25 basis points with financial markets thinking a December rise may come too
ANZ economists are still forecasting another Official Cash Rate hike next year and say domestic inflation is still sky high, and yet to capitulate, while 'a lot still needs to go right' for the OCR to not need to eventually go higher
7th Nov 23, 1:40pm
17
ANZ economists are still forecasting another Official Cash Rate hike next year and say domestic inflation is still sky high, and yet to capitulate, while 'a lot still needs to go right' for the OCR to not need to eventually go higher
Economist Brian Easton says there is a view that the world economy is entering a period of higher inflation and higher nominal interest rates, but who knows? Presumably New Zealand has to follow
6th Nov 23, 9:46am
41
Economist Brian Easton says there is a view that the world economy is entering a period of higher inflation and higher nominal interest rates, but who knows? Presumably New Zealand has to follow
Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
5th Nov 23, 6:00am
133
Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
David Hargreaves welcomes news Statistics NZ will produce more timely, monthly, pricing data but reckons we still need a full CPI indicator every month and an earlier view of GDP information
24th Oct 23, 8:01am
14
David Hargreaves welcomes news Statistics NZ will produce more timely, monthly, pricing data but reckons we still need a full CPI indicator every month and an earlier view of GDP information
Our statistics provider has responded to criticism of a lack of timely pricing data by greatly expanding the amount of information it will produce each month
18th Oct 23, 12:57pm
20
Our statistics provider has responded to criticism of a lack of timely pricing data by greatly expanding the amount of information it will produce each month
Economists rule out November rate hike as inflation falls as RBNZ had forecast
17th Oct 23, 2:31pm
64
Economists rule out November rate hike as inflation falls as RBNZ had forecast
Inflation has fallen by far more than anybody expected, despite surging fuel costs, which suggests the Reserve Bank's interest rate rises of the recent past are working
17th Oct 23, 11:22am
83
Inflation has fallen by far more than anybody expected, despite surging fuel costs, which suggests the Reserve Bank's interest rate rises of the recent past are working
Housing and petrol prices were the largest contributors to inflation during September
17th Oct 23, 11:00am
105
Housing and petrol prices were the largest contributors to inflation during September
For the sake of its credibility the Reserve Bank needs to see some meaningful easing in domestic inflationary pressures when the latest Consumers Price Index figures are released in the coming week
15th Oct 23, 6:01am
40
For the sake of its credibility the Reserve Bank needs to see some meaningful easing in domestic inflationary pressures when the latest Consumers Price Index figures are released in the coming week
Food prices virtually unchanged on a seasonally adjusted basis in the past month, taking the annual rate of food price inflation down to 8.0%, according to Stats NZ
12th Oct 23, 11:13am
57
Food prices virtually unchanged on a seasonally adjusted basis in the past month, taking the annual rate of food price inflation down to 8.0%, according to Stats NZ